LuxUrban Hotels
LuxUrban Hotels Names Robert Arigo Chief Executive Officer
LuxUrban Hotels Inc. | June 11, 2024
MIAMI--June 11, 2024--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced that its Board of Directors (the “Board”) has appointed hotel and hospitality industry veteran Robert Arigo as its Chief Executive Officer, effective June 10, 2024. Mr. Arigo, who joined LuxUrban in March 2024 as Chief Operating Officer, is an accomplished industry executive who brings more than 35 years of relevant experience to his new role. “In his short time here, Rob has dis...
LuxUrban Hotels Appoints Michael James Chief Financial Officer
LuxUrban Hotels Inc. | June 6, 2024
MIAMI--June 6, 2024--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), a hospitality company which leases entire existing hotels on a long-term basis and rents rooms in its hotels to business and vacation travelers, today announced the appointment of Michael James as Chief Financial Officer, effective June 4, 2024. Mr. James succeeds Shanoop Kothari, the Company’s current Chief Executive Officer and former Acting Chief Financial Officer. Mr. James brings more than four decades of experience as a financial and operating executive, board member, and investor to his new role. He has advised and led financial strate...
LuxUrban Hotels to Operate Two New Four-Star Boutique Hotels in New York City
LuxUrban Hotels Inc. | December 1, 2023
MIAMI--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, today announced that it has signed separate 25-year Master Lease Agreements (MLA), inclusive of two five-year options, to operate two new boutique hotels in New York City: The Royalton Hotel and the Truss Hotel. These properties will be re-branded as “The Royalton by LuxUrban” and “The Truss Hotel by LuxUrban” and are expected to begin welcoming guests early next month. LuxUrban expects bo...
LuxUrban Hotels Adds Three New Properties To Trademark Collection® by Wyndham
LuxUrban Hotels Inc. | September 22, 2023
MIAMI--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, announced today that the Hotel 57 in New York City, the Condor Hotel in Brooklyn, and the Lafayette Hotel in New Orleans have been re-branded as “The Hotel 57, Trademark Collection® by Wyndham,” “The Condor Hotel, Trademark Collection® by Wyndham,” and “The Lafayette Hotel, Trademark Collection® by Wyndham,” respectively. Inclusive of these three properties, the Company has onboa...
The Blakely Hotel in New York City Joins Trademark Collection by Wyndham
LuxUrban Hotels Inc. | September 11, 2023
MIAMI--LuxUrban Hotels Inc. (“LuxUrban” or the “Company”) (Nasdaq: LUXH), which utilizes an asset-light business model to lease entire hotels on a long-term basis and rent out hotel rooms in these properties in key major metropolitan cities, announced today that the Blakely Hotel in New York City has been re-branded as “The Blakely by LuxUrban, Trademark Collection® by Wyndham.” The Blakely is the first LuxUrban property to integrate under the Wyndham Hotels & Resorts (“Wyndham”) brand family and join the world’s largest hotel franchisor. As previously announced, LuxUrban entered into an agreement with Wyndham under...
Wyndham and LuxUrban Ink Deal to Expand Trademark Collection Portfolio in the U.S.
LuxUrban Hotels Inc. | August 3, 2023
16 LuxUrban hotels across New York, Washington D.C., Miami, New Orleans and Los Angeles to join Wyndham's Trademark Collection, with the opportunity for additional hotels to join thereafter LuxUrban will continue to manage hotels as they join the industry's #1 hotel rewards program and leverage Wyndham's best-in-class sales, marketing, technology and distribution platform PARSIPPANY, N.J. and MIAMI, Aug. 3, 2023 -- Wyndham Hotels & Resorts, the world's largest hotel franchising company with approximately 9,100 hotels across more than 95 countries, and LuxUrban Hotels, Inc. (NASDAQ: LUXH), a leading hotel operator with a growi...
LuxUrban Hotels Inc. Signs Master Lease Agreements for the O Hotel in Los Angeles and 101 Bogart Street in Brooklyn, New York
LuxUrban Hotels Inc. | February 8, 2023
MIAMI--LuxUrban Hotels Inc. (Nasdaq: LUXH) (or “the Company”), which utilizes a long-term lease, asset-light business model to acquire and manage a growing portfolio of short-term rental properties in major metropolitan cities, announced today that it has signed separate, multi-year Master Lease Agreements (MLAs) to operate two short-term stay hotels: The O Hotel in downtown Los Angeles, CA via a 20-year MLA, inclusive of options; and 101 Bogart Street in Brooklyn, NY via a 10-year MLA. The O Hotel establishes LuxUrban's presence in Los Angeles and 101 Bogart Street increases the Company’s property density in New York City. These sh...
